Mediobanca Private Banking has expanded its illiquid investments offering for Private Banking clients in Italy with the launch of the Mediobanca Venture Capital Fund, a sub-fund of Russell Investments Alternative Investment ICAV.
It will invest in technology start-ups primarily based in the United States.
This represents a further step on Mediobanca’s roadmap towards strengthening its Private Investment Banking model, bringing together private capital and investment opportunities in the real economy.
The Fund, developed by global investments solutions provider Russell Investments, will be distributed exclusively by Mediobanca Private Banking until 25 March 2022. It will enable Italian private investors to access funds investing in unlisted tech companies which are still in the start- up phase and show high growth potential.
The Fund will aim to offer good diversification across companies at different growth stages (Seed/Angel, Early and Late Stage) and accompany them to their next steps of maturity, such as stock market listing or sales to new investors.
